Trucking company moves headquarters from Alsip to Elgin
Elgin’s winning streak in attracting industrial development continued when a logistics company opened a $20 million warehouse and office building on Madeline Lane.
Maybach International Group is building a state-of-the-art 47,000 square foot warehouse and nearly 15,000 square feet of office space. The company, which delivers thousands of goods across the country, plans to create between 200 and 250 new jobs.
“We are delighted that Maybach has chosen Elgin for its new headquarters,” said Carol Gieske, President and CEO of the Elgin Chamber of Commerce. “Our location and talented workforce are attracting many new businesses that will help ensure the economic strength of our region.
Elgin is part of the booming I-90/Northwest submarket, which had a 4.35% industrial vacancy rate and 1.25 million square feet of new industrial facilities under construction mid-year, according to commercial real estate services firm NAI Hiffman, which represented Maybach International Group. in the agreement to secure 12 acres for the head office.
Maybach’s headquarters, which will house approximately 60 employees and 400-500 truckers, features a 360-degree elevated view of the warehouse floor, 24-foot headroom, dozens of docks and 206 trailer parking spaces , and eight parking spaces for cabins.
“We are extremely excited about our new building and believe it will set us apart in a very tight job market,” said Bojan Delibasic, Chairman and Founder of Maybach. “Our new headquarters represents the many years of hard work of all of our employees, and we are thrilled to make it our team’s home.”
When NAI Hiffman began looking for a location for Maybach, it considered sites throughout the Chicago area, said Kelly Disser, executive vice president of industrial services at NAI Hiffman. Elgin’s business-friendly environment and location on Interstate 90 gave the city an advantage, he said. Its zoning and permitting processes have also been a big draw, he said.
There’s a lot of growth and activity in the Chicago-area submarket, but Elgin has an advantage over other cities and towns because there’s still ample land available for development, Disser said. City leaders and officials are also open to different types of development, he said.
The city allows Maybach to have on-site trucks and a repair shop, which many cities don’t allow, said Dave Oswald, Maybach’s chief financial officer. But logistics companies are essential to the national economy to transport products, he said. The industry has seen greater growth through e-commerce, he said.
Maybach employees are delighted with the project. “I don’t think we can get around fast enough,” said Oswald, who has visited Elgin and loves its downtown area. “I think a lot of us are thrilled because you have different restaurants that we can try.”
Gloria Casas is a freelance journalist for the Courier-News.